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Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
 COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has become the price setter for steam coal. China has not just determined the direction of coal prices, the country also sets sea freight directions particularly for big size ships.
In fact, the United States, India, the EU are also largest coal consumers, but the China is the only country who can set the direction of price movement of global thermal coal.
The world’s coal industry has operated under stressful conditions since early 2012 due to a combination of oversupply and sinking demand. After several years of coma, coal has been a surprise positive performer this year, supported by China’s new policy on its domestic coal miners.
According to Yahoo finance, China's coal output has fallen more than 10 percent so far this year as a result of government order on miners to lower output to the equivalent of 276 days of production. China has also cut about 150 million metric tons of capacity by the end of August -- equivalent to almost the entire thermal coal exports last year from Colombia and South Africa. China is aiming to chop about 500 million tons by 2020.
Due to crackdown on its domestic coal miners, China has boosted demand for imported coal since April 2016 and International prices started to rally due to renewed demand from China after several years of slowdown.
Today the coal is the top attractive and the hottest commodity in the world.
The weekly CS (I) Coal Index for 5700 GAR coal of Indonesian origin rose 17.71% Since 22 April 2016. While 5000 GAR coal gained 18.38% for the same period.
The CS (i) Coal index is newly established an independent coal benchmark forecast for Indonesian particular coal types. The CS (i) Coal indices are generated through a Technology aided system, based on COALspot’s own proprietary algorithm requiring minimal human involvement.
Assessing the remainder of 2016, unless otherwise China back from its current coal policy, we are seeing, the current positive trend will continue and experience a stable demand growth.
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Friday, 09 September 16
U.S. WEEKLY COAL OUTPUT DECLINED SLIGHTLY TO 16.1 MMST, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Friday, 09 September 16
CAPESIZE: THE SENTIMENT IS SOLID, SAYS FEARNLEYS
Supramax
A quiet start with Labour Day celebrations in the United States leading to very little being reported from the Atlantic basin. Supramaxe ...
Thursday, 08 September 16
U.S. COAL EXPORTS IN JUNE 2016 UP 29% COMPARED TO MAY 2016, SAYS EIA
U.S. coal production in August was 71 million short tons (MMst), which is 6 MMst (9%) higher than in the previous month and 12 MMst (14%) lower tha ...
Wednesday, 07 September 16
WEEKLY MARKET (TANKER) REPORT - INTERMODAL
What goes around comes around! The Shipping industry is infamous for its seasonality and cyclicality and the tanker sector is no exception to these ...
Tuesday, 06 September 16
INDO GOVT. SETS SEPTEMBER COAL REFERENCE PRICE AT US$ 63.93 PER TON; JUMP 20.17% YTD
COALspot.com: The Indonesia coal benchmark price hits to its highest level since April 2015. The government declared benchmark prices f ...
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- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- The University of Queensland
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
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